02:43 PM EDT, 10/01/2024 (MT Newswires) -- National Bank of Canada in an 'ETF Industry Note' on Tuesday noted that the Office of the Superintendent of Financial Institutions (OSFI) is proposing changes to its current LICAT (Life Insurance Capital Adequacy Test) guidelines.

If enacted, National said, the proposals might promote the adoption of ETFs in the general accounts of Canadian life insurers.

National added regulatory 'risk weight' might fall significantly for certain ETFs after "look-through treatment".

According to National, fixed income and foreign equity are the two ETF categories that might benefit the most from this proposed rule change

Price: 46.04, Change: -0.08, Percent Change: -0.17